🚀 October is marked by major token releases from major projects such as Axie Infinity, Optimism and Aptos.
🔗 These three will release tokens worth more than $130 million in total. Axie Infinity has the largest share with an 11.5% increase in the amount of AXS tokens in circulation.
- Axie Infinity's AXS Token Unlocks: 15.1 million AXS tokens will be released on October 20. This release will occur by distributing $28.9 million to the project's team, $16.3 million to staking rewards, $16 million to play-to-earn incentives, $8 million to the ecosystem fund, and $2.6 million to advisors.
- Optimism and Aptos Join the Token Unlock Wave: Optimism will release 24.2 million OP tokens on October 30th. Of this amount, $18.6 million will be allocated to core participants and $16.7 million to investors. Aptos will release 4.5 million APT tokens on October 12. Of this amount, $18.4 million will be allocated to the community and $7.6 million will be allocated to the Aptos Foundation.
Other notable projects such as ApeCoin, Sui, ImmutableX and dYdX will also release tokens in October. In November, Avalanche is preparing to release AVAX tokens worth $93.5 million.
🔗 These three will release tokens worth more than $130 million in total. Axie Infinity has the largest share with an 11.5% increase in the amount of AXS tokens in circulation.
- Axie Infinity's AXS Token Unlocks: 15.1 million AXS tokens will be released on October 20. This release will occur by distributing $28.9 million to the project's team, $16.3 million to staking rewards, $16 million to play-to-earn incentives, $8 million to the ecosystem fund, and $2.6 million to advisors.
- Optimism and Aptos Join the Token Unlock Wave: Optimism will release 24.2 million OP tokens on October 30th. Of this amount, $18.6 million will be allocated to core participants and $16.7 million to investors. Aptos will release 4.5 million APT tokens on October 12. Of this amount, $18.4 million will be allocated to the community and $7.6 million will be allocated to the Aptos Foundation.
Other notable projects such as ApeCoin, Sui, ImmutableX and dYdX will also release tokens in October. In November, Avalanche is preparing to release AVAX tokens worth $93.5 million.